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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,555 | $78,682-42.1% | $109,188-58.3% | $85,851-46.9% |
| Participation rate | 8.8% | 68.3%-59.5pp | 75.9%-67.1pp | 69.3%-60.5pp |
| Annual return | 20.54% | 25.09%-4.6pp | 25.76%-5.2pp | 318.63%-298.1pp |
| Employer contribution / active EE | $115 | $2,734-95.8% | $3,723-96.9% | $2,565-95.5% |
| Participant deferral / active EE | $226 | $3,468-93.5% | $4,654-95.2% | $3,952-94.3% |
| Admin fee / account holder | $112 | $5,470-98.0% | $6,755-98.3% | $6,261-98.2% |